Climate change will stall PH, SE Asia growth
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Climate change will stall growth in Southeast Asian countries including the Philippines. David Raitzer, Asian Development Bank (ADB) Economic Research and Regional Cooperation Department project officer and economist, said the region is the world’s most vulnerable to climate change. Southeast Asia‘s economic losses from climate change may be larger than previously estimated. The ADB said that the region’s GDP could drop by up to 11 percent by 2100 if not steps are taken to curb climate change. That was up 60 percent from 2009 report which put the decline at seven percent.
Celis, A. (2016, January 12). Climate change will stall PH, SE Asia growth. Malaya Business Insight, pp. A1, A4.
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